The alternate current drive (AC drive) is an electronic device which is used for regulating the velocity of an electric motor by fluctuating the frequency, magnetic flux, and voltage in a motor circuit.

New York, NY -- (SBWire) -- 08/30/2018 --This report studies the global AC Drives market status and forecast, categorizes the global AC Drives market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

Oil & gas segment is the largest end-user of AC drives as it offers good speed controls & high energy savings.

Less maintenance, ease of use, and increasing demand for motor applications is the major factors boosting the demand for AC drives across the globe

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The major players covered in this report

- ABB
- Danfoss
- Schneider
- Siemens
- Mitsubishi
- Fuji
- Emerson
- Hitachi
- Parker Hannifin
- Rockwell
- Toshiba
- WEG
- Yaskawa

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

North America, Europe, China, Japan, Southeast Asia, India, Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

Primary Insights:

- Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

- However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

By Voltage

- Low Voltage
- Medium Voltage

By Power Rating

- Low Power Drives (< 40 kW)
- Medium Power Drives (41 - 200 kW)
- High Power Drives (> 200 kW)

By Application, the market can be split into

- Oil & Gas
- Water & wastewater
- Power generation
- Building Automation
- Food & Beverage
- Metals & Mining
- Chemicals & Petrochemicals
- Others

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In this study, the years considered to estimate the market size of AC Drives are as follows:

- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025

The expertise that has gone into this study is clearly visible from the way the subject matter experts have discussed the merger and acquisition opportunities in the report. Apart from identifying the local potential which can further assist in designing local market strategies the study brings to light the competitive scenario worldwide.

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